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W.R. Berkley WRB Q4 2025 Annual earnings

Reported January 26, 2026 · After market close

Revenue$3.2BBeat by $35.3MDiluted EPS$1.13In line
Revenue estimate$3.1B
EPS estimate$1.13

Next report

Jul 20, 2026 (In 1 week)
Revenue estimate$3.3B
EPS estimate$1.09

Financials

Q4 2025

Income statement

See full
Revenue$3.7B+1.5%
Net income$449.5M-22.0%
EPS (diluted)$1.13-21.5%

Balance sheet

See full
Cash & equivalents$2.5B+28.6%
Total debt$260.5M+19.3%
Total equity$9.7B+15.6%
Total assets$43.9B+8.3%

Cash flow

See full
Operating cash flow$995.1M+22.9%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$26.65B+19.5%
Enterprise value$24.37B+18.6%
P/E15×+2.3×
P/S1.8×+0.2×

Profitability

See full
Net margin12.1%-0.8pp

Returns & leverage

See full
Return on equity19.7%-2.5pp
Debt / equity0×0.0×

Segments

By segment

See full
Insurance$3.1B+5.7%
Reinsurance & Monoline Excess$440.2M+0.4%

By geography

See full
Non-US$491.0M0.0%

Versus estimates

Revenue

Q1 2026$3.1BMiss by $78.0M
Q4 2025$3.2BBeat by $35.3M
Q3 2025$3.8BBeat by $614.0MQ2 2025$3.7BBeat by $570.8MQ1 2025$3.5BBeat by $531.4MQ4 2024$3.7BBeat by $744.9M

Diluted EPS

Q1 2026$1.30Beat by $0.17
Q4 2025$1.13In line
Q3 2025$1.10Miss by $0.01Q2 2025$1.05Beat by $0.02Q1 2025$1.01Beat by $0.03Q4 2024$1.13Beat by $0.17

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Questions, answered.

When did W.R. Berkley report Q4 2025 earnings?
W.R. Berkley (WRB) reported Q4 2025 earnings on January 26, 2026 after market close.
What were W.R. Berkley's Q4 2025 revenue and EPS?
W.R. Berkley reported revenue of $3.2B and diluted EPS of $1.13 for Q4 2025.
Did W.R. Berkley beat estimates in Q4 2025?
Revenue beat the consensus estimate of $3.1B by $35.3M. EPS beat the consensus estimate of $1.13 by $0.00.
How did W.R. Berkley's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 14.5% from $3.7B a year earlier and diluted EPS grew 0.0% from $1.13.
Where can I find W.R. Berkley's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000011544-26-000003) and the 10-K periodic report (0000011544-26-000005) directly on SEC EDGAR. The filing index links above go to sec.gov.